Bujumbura, Burundi (PANA) - Burundian Minister of Transport, Public Works and Infrastructure, Jean Bosco Ntunzwenimana, on Saturday expressed sadness following the announcement by Kenyan civil aviation company, "Kenya Airways", that it is suspending flights to Bujumbura, the Burundian capital, as from 11 November, 2018, "for administrative reasons".
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Johannesburg, South Africa (PANA) - As part of the Africa Investment Forum (AIF), ministers from the G20 Compact with Africa (CwA) have assessed the impact and role of driving private sector investment into Africa.
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Johannesburg, South Africa (PANA) - Major Development Finance Institutions (DFIs) have agreed to join forces to help boost private investments in developing economies, particularly those in Africa.
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Libreville, Gabon (PANA) - The Gabonese government on Friday launched its new round of oil licensing, covering 34 blocks of oil and gas, PANA learnt from the Gabonese Ministry of Petroleum and Hydrocarbons.
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Johannesburg, South Africa (PANA) - The first of its kind transaction-based Investment Forum in Africa, on Friday unveiled the conclusions of the boardroom sessions at the heart of the Forum, which brought together over 1,000 participants from governments, the private sector, development finance institutions, commercial banks, and institutional investors such as sovereign wealth funds and pension funds.
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Johannesburg, South Africa (PANA) - African high-tech player, Mara, on Friday announced the production of their newest product, the Maraphone – the first made-in-Africa, full-scale smartphone, soon to be manufactured in plants across Africa.
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Johannesburg, South Africa (PANA) - The African Development Bank (AfDB) and the Industrial Development Corporation (IDC) of South Africa, have signed a US$100 million and ZAR 1.3 billion loan agreement to finance industrial and infrastructure projects in South Africa and other African countries.
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Windhoek, Namibia (PANA) – It is important for Namibia to remove obstacles to exports, reduce market barriers, and streamline business regulations that contribute to high business costs, while addressing the shortage of skilled workers, an International Monetary Fund (IMF) team observed Friday as it concluded a weeklong working visit to the southwestern African nation.
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Ouagadougou, Burkina Faso (PANA) - The Burkinabe National Coalition Against High Cost of Living, Corruption, Fraud, Impunity and Freedoms (CCVC), says it is "stunned and outraged by the 75 CFA franc increase announced on Thursday by the government on the liter of diesel and super gasoline.
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Libreville, Gabon (PANA) - A mission of the International Monetary Fund (IMF) has arrived in Gabon for a 10-day visit during which it will review Gabon's Economic Recovery Programme with the Minister of Economy, Jean-Marie Ogandaga.
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Cairo, Egypt (PANA) - Seeking to promote cooperation with other African countries through technology transfer and experience sharing, Egypt is creating its National Company for African Investment, according to an announcement made Wednesday after the weekly ministerial council meeting.
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Johannesburg, South Africa (PANA) - African Development Bank (AfDB) president Akinwumi Adesina has said Africa is poised to become the leading region for renewable-energy globally and has reaffirmed the bank’s support for the ambitious ‘Desert to Power’ programme in the Sahel region.
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Banjul, Gambia (PANA) - Gambian Minister of Finance and Economy Affairs Mambury Njie, has indicated that the country's economic recovery is well underway and described the outlook as promising.
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Dar es Salaam, Tanzania (PANA) – Further upward acceleration of global inflation from record low levels may impair efforts in emerging and developing economies to sustain the low inflation environment achieved over the past several decades, the World Bank said Wednesday in a groundbreaking examination of inflation in the emerging and developing world.
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Tokyo, Japan (PANA) - The African Development Bank (AfDB) will organise a seminar focusing on investments in Africa on 29 November, 2018, in Tokyo, Japan, in collaboration with the Japanese private sector.
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Johannesburg, South Africa (PANA) - The African Development Bank (AfDB) President, Akinwumi Adesina, on Tuesday appealed to investors to join the partnership platform offered by the Africa Investment Forum (AIF) and “grab the chance to fast track the continent’s investment and development agenda".
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Bangui, Central African Republic (PANA) – Economic growth in Central African Republic (CAR) is projected to reach 4.3 percent in 2018, and 5 percent in the medium term, but the International Monetary Fund (IMF) has cautioned that the projections were predicated on the peace and reconciliation efforts under the African Union Initiative.
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Brazzaville, Congo (PANA) - The Italian oil company, ENI, is to increase production of power at its Congolese electric power station (CEC) from 300 to 450 MW with the installation of a new turbine, the company’s Managing Director, Claudio Descalzi, said on Tuesday at the end of his audience with Congolese president, Denis Sassou Nguesso.
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Johannesburg, South Africa (PANA) - As part of efforts to ensure that broadcast, cable, and satellite television stations networks receive clean quality free-to-air broadcast feeds from the Africa Investment Forum (AIF), CBNC Africa, the official broadcast partner of the event, will provide real-time clean feeds via the following link: Sat yamal 402 @55 deg East. HD feeds will be available at the the Sandton Convention Centre venues and OB van.
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Johannesburg, South Africa (PANA) - The Africa Investment Forum (AIF) kicked off on Monday with a media briefing in Johannesburg, the South African capital, with the game changing event, aimed at attracting multi-billion-dollar deals across the continent.
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Nairobi, Kenya (PANA) - Kenya's leading telcom outfit, Safaricom, on Tuesday announced a global mobile money transfer deal in partnership with Western Union that will allow Safaricom customers to send and receive money from any part of the world via a mobile phone.
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Nouakchott, Mauritania (PANA) - The Mauritanian government said in a statement on Monday that it is surprised and regrets the decision of US President, Donald Trump, to remove Mauritania from the list of beneficiary countries of the African Growth and Opportunity Act (AGOA).
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